Platinum Demand 2024. Global platinum supply, however, is forecast to see deficits of more than 1 million ounces in 2023, and 353,000 ounces for 2024, according to a quarterly report. At the end of the month 34.34, change.
As well as expecting consecutive deficits in 2023 and 2024, the wpic forecasts that the platinum market will remain undersupplied throughout 2025 to 2028, with deficits. Explore the 2024 forecast for platinum, palladium, and rhodium, unveiling key projections, challenges, and opportunities in the pgm market.
As Well As Expecting Consecutive Deficits In 2023 And 2024, The Wpic Forecasts That The Platinum Market Will Remain Undersupplied Throughout 2025 To 2028, With Deficits.
In the beginning price at 32.86 dollars.
Platinum Supply Remains Challenged, Both From.
Platinum is forecast to be in a market deficit of 418,000 ounces in 2024, as mine supplies are stretched and recycling declines.
Near Record Low Platinum Supply Levels In 2023 Will Decrease Another 1% In 2024.
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Platinum Decreased 22.45 Usd/T Oz.
It is the only major metal in the group that is expected to rise by 2028 from last.
But Platinum , Down 9% So Far In 2024 After Sliding 8% In 2023, May Fare Better.
Or 2.27% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this.
Explore The 2024 Forecast For Platinum, Palladium, And Rhodium, Unveiling Key Projections, Challenges, And Opportunities In The Pgm Market.